Mid-Atlantic
Columbia Property Trust Brings DC Property Closer to Full Occupancy
Owned through a joint venture with Blackstone Property Partners, Market Square is now home to 65 tenants, half of which are Fortune 500 companies.
The Hampshire Cos., Harrison Street Launch East Coast Venture
The companies have teamed up to develop self storage facilities along the I-95 Corridor, from Washington D.C., to Boston.
Elion Partners, Buchanan Acquire DC-Area Industrial Portfolio
The properties total 1.6 million square feet across six locations. This deal marks the partners’ second industrial purchase within the metro.
JV Plans New Office Building in Philly Sports Complex
Comcast Spectacor and The Cordish Cos. recently announced that they will build Pattison Place, a 200,000-square-foot premier asset adjacent to their Xfinity Live! mixed-use complex.
NorthMarq Names DC Managing Director
Jason Smith has been with the company since 2003. Prior to this, he has worked at Legg Mason Real Estate Services.
Rubenstein Partners Grows Presence in MD
Boston Properties received $22.7 million for The Preserve at Tower Oaks in Rockville. The owner will be soon add a new tenant lounge, a café and a fitness facility.
Westmount Sells Baltimore-Area Industrial Park
The company sold Logistics Pointe BWI in Hanover, Md., a 357,700-square-foot light industrial and distribution center, following a capital improvement program.
Lincoln Property Acquires VA Office Campus for $21M
The five-building campus has nearly 110,000 square feet of space within the Van Buren Office Park in Herndon, Va. The seller was Finmarc Management.
Markel | Eagle Sells Richmond Office Asset for $56M
The company invested $19 million to renovate the 355,449-square-foot office building. Upgrades included the addition of a 250,000-square-foot parking garage and a new fitness center, among other amenities.
Finmarc Management Buys MD Shopping Center
The company paid $43.9 million to acquire a 280,000-square-foot Upper Marlboro mall, which is anchored by Marshalls, Shoppers Food Warehouse, Regency Furniture, Advanced Dollar Tree and Dress Barn.